Tariff
Economists take issue with Trump’s tariff formula, arguing rate is inflated
The formula at the core of President Donald Trump’s tariff announcement that continues to rattle markets is bewildering economists, who say it is based on flawed assumptions. Economists argue that Trump’s formula relies on a flawed, underestimation of a key metric, resulting in inflated tariff rates for countries. According to the Office of the United […]
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Zuckerberg, Bezos and Musk each lose more than $23 billion after Trump tariffs spark market meltdown
As President Donald Trump’s “reciprocal” tariffs announcement sent shockwaves across Wall Street, the world’s richest people lost billions of dollars in net worth almost overnight. On Wednesday, Trump announced a baseline 10% tariff for imported goods from all countries set to take effect on April 5, and “individualized” tariffs as high as 50% on a […]
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Watch Fed Chair Jerome Powell speak live on interest rates and tariffs
[The stream is slated to start at 11:25 p.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell speaks Friday to the Society for Advancing Business Editing and Writing conference in Arlington, Virginia. The central bank leader’s appearance, including prepared remarks and a […]
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Tariffs will drive up the cost of airplanes, the United States’ star export
The production line for the Boeing P-8 Poseidon maritime patrol aircraft is pictured at Boeing’s 737 factory in Renton, Washington, November 18, 2021. Jason Redmond | Reuters President Donald Trump’s sweeping tariffs are set to drive up the cost of Boeing and Airbus planes, GE Aerospace engines, and hundreds of other aerospace and defense products, […]
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Family offices pause dealmaking in March on trade war fears
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Private investment firms of the ultra-rich dialed back their deal-making in March as President Donald Trump ‘s tariffs loomed […]
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China to impose 34% retaliatory tariff on all goods imported from the U.S.
China’s Finance Ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10, following duties imposed by U.S. President Donald Trump’s administration earlier this week. “China urges the United States to immediately cancel its unilateral tariff measures and resolve trade differences through consultation in an equal, respectful and […]
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Dow futures tumble a second day, losing 1,100 points after China retaliates to Trump tariffs: Live updates
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 3, 2025. Brendan McDermid | Reuters The stock market was headed for another pounding Friday after China retaliated with new tariffs on U.S. goods, raising fears a trade war will tip the globe into a recession. […]
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Toy prices could jump 50% following Trump’s tariffs on China, Vietnam
The toy aisle is about to get more expensive. President Donald Trump expanded his trade war this week, placing a 10% baseline tariff on almost every country and much steeper levies on dozens of others. Among those hit with higher tariffs were China and Vietnam — two nations that are vital to the domestic toy […]
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Actively managed ETFs hit $1 trillion milestone: Why tariff uncertainty may spark more growth
ETF Edge Actively managed ETFs hit $1 trillion milestone: Why tariff uncertainty may spark more growth Published Fri, Apr 4 20257:00 AM EDT Krysta Escobar WATCH LIVE Source
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El-Erian says U.S. recession risks are now ‘uncomfortably high’
Mohamed Aly El-Erian, chief economic advisor for Allianz SE. Bloomberg | Getty Images President Donald Trump’s extensive raft of import tariffs are putting the U.S. economy at risk of recession, Allianz’s Chief Economic Advisor Mohamed El-Erian warned on Friday. He added that Trump’s swathe of so-called reciprocal tariffs could have a significant effect on the […]
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